Northwire Canada EditionThursday, October 15, 2026
Sign inSubscribe
Northwire
⌕
GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4% GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4%
Drill Results Routine +

Silver Range Advances the Sniper Property

Silver Range Advances Sniper Property with High-Grade Sampling Results

By The Northwire Desk — AI Analysis May 06, 2026 · 04:00 SNG · 0.14 Silver Range Resources Ltd.
Executive Summary
  • Silver Range Resources Ltd. announced an exploration update for its Sniper Property in western Nevada on May 6, 2026.
  • The company expanded the claim footprint from 4 to 14 claims through recent staking activities.
  • New grab sample assays returned gold values up to 16.65 g/t Au and silver values up to 18.90 g/t Ag across seven samples.
  • One sample (K417766) returned the highest grade of 16.65 g/t Au, while others ranged from trace to 6.74 g/t Au.
  • Historical grab samples from June 2024 on the same property previously returned up to 121 g/t Au and 1,375 g/t Ag.
  • The mineralization is hosted in ribbon-banded quartz veins within the contact between the Jurassic Sylvania Pluton and Precambrian Wyman formation metasediments.
  • Future work includes additional prospecting, geochemical surveys, geophysical surveys, and geologic mapping.
Material Impact
  • The news confirms pending sampling results previously announced in January 2026, where the company stated analyses were pending for the Sniper expansion.
  • While the grades are positive (16.65 g/t Au), they do not exceed historical highs reported on the same property (121 g/t Au) and fall short of the high-grade IOCG potential seen at Alamo (37.8 g/t Au).
  • The claim expansion was already disclosed in January 2026, making the current assay results a follow-up rather than new strategic information.
  • As a generator model company, surface sampling does not immediately translate to resource definition or revenue without partner drilling commitments.
  • The market likely priced in this incremental exploration progress given the consistent stream of similar updates over the past year.
SNG · Price
Company Overview
  • Silver Range operates as a precious-metals prospect generator focused on the Southwest United States (Nevada, Arizona, Utah) and Canada.
  • The strategy relies on an experienced technical team to generate concepts, define targets, and option projects to partners for funding.
  • Flagship Projects include East Goldfield (high sulphidation epithermal), Alamo (IOCG style in Arizona), and Sniper (Nevada).
  • The company holds a portfolio of approximately 35 properties with 12 optioned and 9 royalty interests.
  • They have generated over $8 million in revenue from property transactions since 2016.
Read the original news release →

More from Silver Range Resources Ltd.

Oct 08, 2026 · 05:00

Silver Range options Arizona and Nevada properties ahead of its ASX listing.

M&A / Property Sep 24, 2026 · 05:00

Silver Range defines drill targets at its Drum project, though cash burn and going concern risks persist.

Drill Results Jul 21, 2026 · 04:20

Silver Range plans an IP survey to define deep targets at the East Goldfield high-sulphidation gold project in Nevada.

Drill Results Jun 24, 2026 · 04:12

Silver Range Expands Alamo Gold-Copper Target

Drill Results Jun 03, 2026 · 04:30

Silver Range Partner Excalibur Metals Intersects a Broad Precious Metals Zone, Open at Depth at the Bellehelen Property

Drill Results Apr 21, 2026 · 04:00

Silver Range Expands Utah Footprint as Exploration Continues; Stock Holds Near Recent Highs

Production / Operations